This is based on Fibonacci Pivot Points. I forked "CristianD CD_PivotR" code for this. Thanks
"Fibonacci Pivot Points start just the same as Standard Pivot Points. From the base Pivot Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels."
Adding more support or resistance levels should be really easy.
"Fibonacci Pivot Points start just the same as Standard Pivot Points. From the base Pivot Point, Fibonacci multiples of the high-low differential are added to form resistance levels and subtracted to form support levels."
- Pivot Point (P) = (High + Low + Close)/3
- Support 1 (S1) = P - {.382 * (High - Low)}
- Support 2 (S2) = P - {.618 * (High - Low)}
- Resistance 1 (R1) = P + {.382 * (High - Low)}
- Resistance 2 (R2) = P + {.618 * (High - Low)}
Adding more support or resistance levels should be really easy.
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I changed the supp1 and res1 from 0.382 to 0.236 and supp2/res2 from 0.618 to 0.382
I think it makes more sense. and 0.618 is too extreme.
I think it makes more sense. and 0.618 is too extreme.
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0.618 is back. Cryptocoin markets are volatile enough to make it useful. Also, renamed it to "Bestest Fibonacci Pivot Range aka "Fib_Piv" so it's easier to find.
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Removed unrelated scripts from preview
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Removed unrelated scripts from preview
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Fixed a stupid copy/paste mistake. Now you can see the 0.618 line too.
Added transparency: 45
P line thickness is 2, the rest are 1
Please adjust it to your liking and screen res.
Any ideas or requests? Please post as comments.
PS! The way I use it is that I fire it up, use line tool to draw over today's and yesterdays lines and then hide the script. This way charts zoom in/out, scale etc work better.
Added transparency: 45
P line thickness is 2, the rest are 1
Please adjust it to your liking and screen res.
Any ideas or requests? Please post as comments.
PS! The way I use it is that I fire it up, use line tool to draw over today's and yesterdays lines and then hide the script. This way charts zoom in/out, scale etc work better.
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Made it more visible on white background. Pivot point (green) S2 and R2 are now lines and from channel. You can change that from the settings.
Renamed the points.
Renamed the points.
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Shortened the indicator titles/labels
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Now you can select different time resolution for your Fibonacci Pivot point calculations.
For example, you can have a 15 min chart with Fibonacci Pivot points calculated from 4 h bars.
Default setting is 1 D
For example, you can have a 15 min chart with Fibonacci Pivot points calculated from 4 h bars.
Default setting is 1 D
發布通知:
Now you can select different time resolution for your Fibonacci Pivot point calculations.
For example, you can have a 15 min chart with Fibonacci Pivot points calculated from 4 h bars.
Default setting is 1 D
For example, you can have a 15 min chart with Fibonacci Pivot points calculated from 4 h bars.
Default setting is 1 D
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Clean-up and update to version 4
Added level 1.0, level 0.236 is now optional
Added level 1.0, level 0.236 is now optional